Wheatstone

TechnipFMC Announces Second Quarter 2023 Results

Retrieved on: 
Thursday, July 27, 2023

Subsea reported second quarter revenue of $1,618.4 million, an increase of 16.6 percent from the first quarter.

Key Points: 
  • Subsea reported second quarter revenue of $1,618.4 million, an increase of 16.6 percent from the first quarter.
  • Subsea reported an operating profit of $153.4 million, an increase of 129.6 percent from the first quarter.
  • Sequential operating results increased primarily due to higher revenue, improved margins in backlog, and increased installation and services activity.
  • Adjusted EBITDA increased by 64.8 percent when compared to the first quarter, benefiting from the same factors that drove operating profit.

TechnipFMC Awarded Significant Contract by Woodside for Julimar Phase 3 Development

Retrieved on: 
Friday, June 16, 2023

TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract by Woodside Energy(2) (LON: WDS) to engineer, procure, construct, and install flexible pipes and umbilicals for the Julimar Phase 3 development, offshore Western Australia.

Key Points: 
  • TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract by Woodside Energy(2) (LON: WDS) to engineer, procure, construct, and install flexible pipes and umbilicals for the Julimar Phase 3 development, offshore Western Australia.
  • (1) For TechnipFMC, a “significant” contract is between $75 million and $250 million.
  • (2) Woodside Energy Julimar Pty Ltd (Woodside Energy) is operator on behalf of the Julimar joint venture participants.
  • The participants are Woodside Energy (65%) and KUFPEC Australia (Julimar) Pty Ltd (35%).

Force Measurement Solutions Leader Interface Launches Interface Pressure Compensated Downhole Load Cell Solution for High-Pressure Environments

Retrieved on: 
Monday, February 21, 2022

SCOTTSDALE, Ariz., Feb. 21, 2022 /PRNewswire/ -- Interface, Inc. , the world's trusted leader in technology, design, and manufacturing of force measurement products, today launched its new downhole force measurement solution for high-pressure, high-temperature applications, the Interface Pressure Compensated Downhole Load Cell (IPCD) .

Key Points: 
  • SCOTTSDALE, Ariz., Feb. 21, 2022 /PRNewswire/ -- Interface, Inc. , the world's trusted leader in technology, design, and manufacturing of force measurement products, today launched its new downhole force measurement solution for high-pressure, high-temperature applications, the Interface Pressure Compensated Downhole Load Cell (IPCD) .
  • "The Interface Pressure Compensated Downhole Load Cell provides critical accuracy, dependability and flexibility to our customers at a modest price," said Brian Peters, vice president of global sales, Interface.
  • Interface released a new Interface Pressure Compensated Downhole Load Cell technical white paper detailing the testing reports and performance data for this new product release.
  • To learn more about Interface and the new Interface Pressure Compensated Downhole Load Cell, visit https://www.interfaceforce.com/products/load-cells/ipcd-pressure-compens... .

Chevron Announces Leadership Changes

Retrieved on: 
Thursday, September 30, 2021

Chevron Corporation (NYSE: CVX) today named Marissa Badenhorst vice president of Health, Safety and Environment, effective January 1, 2022.

Key Points: 
  • Chevron Corporation (NYSE: CVX) today named Marissa Badenhorst vice president of Health, Safety and Environment, effective January 1, 2022.
  • She will report to Eimear Bonner, Chevron vice president, chief technology officer.
  • During Marissas time leading Enterprise Process Safety, weve seen record high safety performance at Chevron, said Bonner.
  • Im truly grateful to Dave for his decades of leadership and his commitment to the health and welfare of all his Chevron colleagues, Bonner added.

New Micro-Measurements Bridge Completion Modules (BCM) Improve Quality of Strain Measurements for Broad Range of Applications

Retrieved on: 
Wednesday, May 27, 2020

Since many general-purpose instruments do not provide internal bridge completion capability, the MRF-Series of BCMs effectively implements a full Wheatstone bridge for accurate and stable measurements when testing specimens structured as a -bridge (single gage) or -bridge (dual gages).

Key Points: 
  • Since many general-purpose instruments do not provide internal bridge completion capability, the MRF-Series of BCMs effectively implements a full Wheatstone bridge for accurate and stable measurements when testing specimens structured as a -bridge (single gage) or -bridge (dual gages).
  • The accuracy of the strain measurement depends on the quality of the strain gage used, but also on the bridge completion circuit attached to it.
  • The MRF-Series modules are offered in several configurations that will allow for bridge completion for 120, 350, 1000 and now 5000 ohm quarter-bridges along with half bridge completion as well.
  • These versatile modules also enables a user to make -bridge and -bridge inputs to instrumentation that may not have internal Wheatstone bridge completion built-in.